Topic Details (Notes format)

NABARD’s Role in Rural Development

Subject: Economics

Book: Comprehensive Indian Economy - Additional Topics

NABARD finances rural infrastructure, oversees cooperative banks, and supports innovations like watershed projects or micro-irrigation. It channels credit to agriculture, cottage industries, and small enterprises. Students should link NABARD’s refinance facilities to priority sector lending goals and highlight success stories in SHG-bank linkage. For exam preparation, note how NABARD fosters integrated rural development, bridging capital gaps and providing capacity-building to rural financial institutions.

Practice Questions

What is “CRR” in banking terminology?

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What is the meaning of “dumping” in international trade?

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Which of the following factors is NOT included in the calculation of Human Development Index (HDI)?

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What is the objective of the Goods and Services Tax (GST)?

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What is the primary function of the International Monetary Fund (IMF)?

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What is the meaning of “disguised unemployment”?

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What does the term “national income” refer to?

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Which of the following is considered a public good?

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What is “open market operations” (OMO)?

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Which term refers to an economy that has elements of both capitalism and socialism?

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